XN000022-1972-09-26 — Page 2

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Tuesday, September 26, 1972

As an associate member of ECAFE, Hong Kong will pay a sum of

$56,000 a year for five years, beginning in 1972-73, to cover the

operating cost of the centre, which is estimated at about US$3 million

a year for the first five years.

The operating cost is to be met from three sources: special

contributions in cash by the host country, Malaysia; funds allotted from

the United Nations Development Programme; and the rest to be contributed

by members of the ECAFE region based on per capita income.

Five countries

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the Philippines, Ceylon, Singapore, Thailand

and New Zealand

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will also contribute to the centre.

CHANGES IN EXECUTIVE COUNCIL

Mr. P.G. Williams, an Unofficial Member of the Legislative Council,

has ceased to be a temporary member of the Executive Council, following the

return to Hong Kong of Sir Douglas Clague.

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